New Oriental Education & Technology (EDU) Is Gaining Momentum In October: Time To Make Money?

On October 4, New Oriental Education & Technology Group reached its lowest point, $1.9500. However, it started to rebound: today’s company’s stock jumped to $2.1400, resulting in a 9% growth over the week. Although, for the last five days, the company has reached its peak of $2.2117. The latest report, released on the Global Online Education market, provides a comprehensive data ecosystem with a 360-degree overview of customer activity, analytics, and segment-based data to expand the opportunities of the emerging online education market and prospects for the future until 2026.

Despite this, it includes integrated information on surveys conducted with managers and experts from leading institutions in different countries. Some of the listed companies presented in the report include New Oriental Education and Technology, Vipkid, Tedu, Itutorgroup, Xueersi, YY Inc., XUEDA, Beijing Ifdoo Education & Technology Co Ltd, Chinese Distance Education, TAL and Hujiang Educational Group, etc. By the way, the market cap equaled 3 billion dollars.

April Sanchez

Business and Tech Reporter